WTI Crude Oil resumed the strong bearish move suggested for Thursday. After completing a retest of the broken ascending support around 97.05, the commodity resumed the bearish direction dipping below 95.00. The main intraday resistance was the 96.00 level.

Support: 95.25, 94.45, 94.00, 93.50, 93.00
Resistance: 96.00, 96.60, 97.20, 97.65, 98.45
Based on the charts and explanations above, we prefer to short oil below 96.05, targeting 95.30 and 94.30 Stop loss above 96.65

Support: 95.25, 94.45, 94.00, 93.50, 93.00
Resistance: 96.00, 96.60, 97.20, 97.65, 98.45
Based on the charts and explanations above, we prefer to short oil below 96.05, targeting 95.30 and 94.30 Stop loss above 96.65